TAIPEI: Taiwan's Foxconn, the world's largest contract electronics maker, beat expectations to post its highest-ever revenue for the fourth quarter on continued strong demand for artificial intelligence (AI) servers.
Revenue for Apple's biggest iPhone assembler jumped 15.2% to T$2.13 trillion ($64.72 billion), Foxconn said in a statement on Sunday.
It was also ahead of a T$2.1 trillion LSEG SmartEstimate, which gives greater weight to forecasts from analysts who are more consistently accurate.
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